Full-Time

Underwriting Manager

Inland Marine

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Compensation Overview

$130k - $170kAnnually

+ Bonus Potential

Senior, Expert

No H1B Sponsorship

Shrewsbury, NJ, USA + 1 more

More locations: New York, NY, USA

Hybrid working schedule of 3 days in the office and 2 days remote.

Category
Insurance
Finance & Banking
Required Skills
Sales
Word/Pages/Docs
Marketing
Customer Service
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • 10+ years of experience in profitable Inland Marine underwriting required
  • Demonstrated technical knowledge and skills reflective of advanced professional liability understanding
  • Demonstrated aptitude to manage people and projects
  • Proven ability to make sound underwriting decisions
  • Strong organizational skills with the ability to handle multiple tasks simultaneously
  • Ability to achieve business goals and objectives
  • Demonstrated sales, marketing and relationship management skill
  • Must have excellent oral and written communication skills
  • Proven exceptional customer service skills
  • Technologically savvy; proficient in Excel, Word, Powerpoint, and Outlook as well as a comfort utilizing new tools and web applications
  • Strong analytical, organizational, risk assessment and time management skills
Responsibilities
  • Communicate effectively and timely with underwriting management and national product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems, procedures, opportunities, and strategy when appropriate
  • Underwrite new and renewal business that will produce an underwriting profit
  • Monitor producers for profitability and production
  • Market products to producers by coordinating marketing plan with regional and national marketing associates
  • Participate in audits and/or underwriting meetings as required
  • Ensures team meets or exceeds set production/premium goals and departmental guidelines
  • Identifies strength and weaknesses in current procedures and recommend change in procedure, as needed
  • Makes recommendations on underwriting policy and pricing strategy to management
  • Provides training and coaching on marketing skills and broker management
  • Provides career planning and performance feedback to ensure proper staff development by coaching, motivating and building bench strength and reviews and evaluates personnel performance
Desired Qualifications
  • Four year college degree and/or RPLU designation preferred
  • Must be a team player with a positive attitude that enjoys a flexible and spontaneous business environment
  • Flexible to travel, approximately 25% when appropriate

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles such as yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and continuous improvement, encouraging employees to innovate and adapt. The company's goal is to lead in their industry by understanding customer needs and delivering quality service while fostering a supportive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for cyber insurance aligns with Markel's investment in Perseus Technologies.
  • Growing interest in ESG factors enhances Markel's environmental pollution coverage offerings.
  • Expansion of the gig economy presents opportunities for Markel to develop niche products.

What critics are saying

  • Increased competition in specialty insurance could erode Markel's market share.
  • Climate change-related claims may lead to higher payouts, impacting profitability.
  • Global economic uncertainty may affect investment returns crucial for Markel's financial health.

What makes Markel unique

  • Markel specializes in hard-to-place risks for niche markets like agriculture and equine.
  • The company offers unique coverage options such as event cancellation and inland marine.
  • Markel's investment in cybersecurity and tax insurance diversifies its specialty offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Hybrid Work Options

Employee Stock Purchase Plan